China

China’s Tencent Shuts Down The NFT Platform As Per Government Directive

Chinese tech giant Tencent decided to shut down its NFT trading platform not long after the government made it illegal for private…

2 years ago

Shanghai’s Five-Year Plan Includes NFTs, Metaverse, Blockchain And Web3.

According to a policy paper released on Tuesday, the Shanghai government has included metaverse entertainment, non-fungible tokens (NFTs), and Web3…

2 years ago

Shanghai Creates A Metaverse Development Fund, Which Worths Around $1.5B

Shanghai Creates A $1.5B Metaverse Development Fund According to an article of the South China Morning Post, the Shanghai government…

2 years ago

Texas Bitcoin Miners Forced To Shut Down Due to Heatwave

Bitcoin miners are working with Texas officials to help relieve the state's energy grid in advance of a heatwave; over…

2 years ago

US Dominates Crypto ATM Installations And BTC Hash Rate Worldwide

With China left out of the competition, the US has risen to become the highest BTC hash rate contributor -…

2 years ago

Massive Data Theft, Details Of 1 Billion Chinese Sold For 10 BTC

An account on the Breach Forum claims to have stolen the data of 1 billion Chinese citizens from the Shanghai…

2 years ago

Why Chinese Tech Giants Now Require Identification Checks When You Trade NFTs?

Why Chinese Tech Giants Now Require Identification Checks When You Trade NFTs? The South China Morning Post reported that Chinese…

2 years ago

Chinese IT Giants Have Pledged To Outlaw NFTs.

Leading Chinese tech firms, including Tencent, JD.com, and Ant Group, have committed to prohibit non-fungible tokens (NFTs) and crypto exchanges…

2 years ago

China’s biggest tech firms to check ID for NFT buying

In a new ‘self-discipline initiative’, China's biggest tech firms agreed to enforce real-name authentication for NFT buyers and to avoid…

2 years ago

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